Book Debts Insurance
Book Debts Insurance covers the cost of reproducing records and chasing debtors following the destruction of accounting records following an event. Imagine a serious flood or fire devastating your business: initially you may just be concerned with replacing your damaged property and resuming business as quickly as possible; soon you will also appreciate the importance of restoring your lost records and chasing outstanding invoices. This is where book debts insurance can help.
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What else might my business need?
If you want to insure your debts against a customer or contractor defaulting on a payment or going bankrupt, or want to insure against a tenant failing to pay their rent, then you should speak to us about these types of insurance as well.